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Fly News Breaks for December 3, 2018
HP
Dec 3, 2018 | 07:29 EDT
BofA/Merrill analyst Chase Mulvehill upgraded Helmerich & Payne to Neutral and trimmed its price target to $64 from $71. The analyst views Helmerich as a defensive land driller with a "steep" multiple which is warranted by its strong balance sheet.
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